Not surprised that investors recognize the value Pagos delivers, and glad to see the recognition. Innovations in Card Issuing, Payfac and Marketplace offerings has introduced what I would call a Fintech Revolution. As a result of massive expansion of "card" product types, there are more permeations of card association rules, regulations and interchange requirements and qualifications than ever seen before, not to mention increasing compliance challenges. Merchants are increasingly dependent on how payment service providers (for merchants and issuers) code to the card association new product, authentication and authorization protocols. Payment Orchestration is no longer limited to who has local acquiring. Even large and "mature" merchants are struggling to understand the changing environment and impacts. Smaller merchants and startups without comparable investments in access to actionable data can't compete. All merchants increasingly need to align strategies between their payments, fraud, product development and finance teams, and the common language is data. Pagos provides a merchants with a departmental neutral source for critical data that can help drive detection, analysis, investigation and mitigation of payment inefficiencies. What makes Pagos impactful is the deep roots and autonomic intellect of not only the founders and the intellect and skill of the people that work there! Well deserved recognition indeed!
We’re excited to share that Pagos was named to the 2024 Fintech Innovation 50, an annual list launched by GGV Capital U.S. in partnership with Crunchbase, to recognize the most promising fintech companies in the eyes of startup investors. This is an exciting time for Pagos and a great way to kick off the new year! We look forward to what we’ll accomplish with our team, customers, partners, and investors to continue delivering payments optimization solutions we know businesses need. https://lnkd.in/gb7J_Ejd #FintechInnovation50, #FI50 #GGV